Finance

Saudi finance minister reshuffle reflects reality

Saudi Arabia’s appointment of a new finance minister reflects the direction of the kingdom’s economy:… Read More

What would Alfred Nobel say about prize for finance?

STOCKHOLM: The Nobel prize in economics, to be announced on Monday, has increasingly honoured research… Read More

IMF warns global debt at record high

WASHINGTON: Worldwide public and private debt is at an all-time high, posing a substantial impediment… Read More

World Bank secretly finances Asian ‘coal boom,’ group says

WASHINGTON: The World Bank is indirectly financing a boom in some of Asia's dirtiest coal-fired… Read More

PIA chief to discuss airline’s financial issues with PM Nawaz

ISLAMABAD: Pakistan International Airlines (PIA) administration has decided to meet Prime Minister Nawaz Sharif and… Read More

Bank of England to take to ‘all necessary steps’ after Brexit vote

LONDON: The Bank of England will take "all necessary steps" to ensure monetary and financial stability… Read More

London City’s finance hub braces for possible Brexit

LONDON: With one month to go before Britain's vital in-out EU referendum, London's City finance district… Read More

EXIM Bank expresses interest in financing LNG projects

ISLAMABAD: The Export-Import (EXIM) Bank has expressed interest to invest in three liquefied natural gas… Read More

India signs treaty with Mauritius to curb tax evasion

MUMBAI: India will start imposing capital gains tax on investments coming from Mauritius starting next… Read More

USAID helping Pakistani businesses access credit

KARACHI: The United States Agency for International Development (USAID) and Securities and Exchange Commission of… Read More

SAARCFINANCE can play key role in promoting close ties between states: Governor SBP

KARACHI: Governor State Bank of Pakistan Ashraf Mahmood Wathra on Friday expressed his optimism that… Read More

ADB expresses willingness to finance power projects in Pakistan

ISLAMABAD: Asian Development Bank (ADB) has expressed willingness to finance projects in Pakistan relating to… Read More

Govt not to ignore agriculture sector in upcoming budget: Dar

ISLAMABAD: Finance Minister, Senator Mohammad Ishaq Dar on Tuesday  said that government during the last two… Read More

ADB to finance $6bn in Pakistan infrastructure projects

KARACHI: The Asian Development Bank (ADB) on Tuesday approved a $6 billion loan to help… Read More

Islamic loan books shift towards profit-sharing in Indonesia, Pakistan

JAKARTA/ISLAMABAD: The make-up of Islamic banks' loan books is changing in Pakistan and Indonesia with… Read More

Islamic finance must address challenges to thrive: IMF

DUBAI: The Islamic finance system faces several key challenges if it is to unlock its… Read More

KSE 100-Index witnesses huge slump of 817.28pts

KARACHI: Karachi Stock Exchange (KSE) 100-Index on Wednesday witnessed huge decline of 817.28 points, ARY… Read More

FIA detects bank accounts financing terrorism

ISLAMABAD: The Federal Investigation Agency (FIA) has detected some bank accounts behind financing terrorism in… Read More

SECP forms Islamic Finance Department

ISLAMABAD: The Securities and Exchange Commission of Pakistan has established an Islamic Finance Department to… Read More

KSE 100-Index falls by 182.53pts

KARACHI: Karachi Stock Exchange (KSE) 100-Index on Thursday witnessed the decline of 182.53 points, ARY… Read More